White Home Deese says sturdy greenback displays power in U.S. financial system By Reuters

© Reuters. FILE PHOTO: White Home Financial Advisor Brian Deese speaks throughout a press briefing on the White Home in Washington, U.S., March 31, 2022. REUTERS/Kevin Lamarque

WASHINGTON (Reuters) – Now greater than ever, the power of the U.S. greenback displays the relative power of the U.S. financial system, White Home financial adviser Brian Deese advised reporters on Tuesday.

“In a really unsure world surroundings … what we see is reinforcing the distinctive place of power wherein the USA financial system finds itself, regardless of all of the complexity of our restoration,” Deese advised reporters after a briefing. occasion organized by the Financial Membership. of Washington, DC.

Requested if he was involved in regards to the fallout from weaker economies elsewhere on the USA, Deese talked about Europe, Britain and China, and mentioned the Biden administration was giving “lots of consideration” to pockets of “specific weak spot” in world development. path.